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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 Angel investors Packy McCormick, the Not Boring founder; Anand Iyer of Canonical Crypto, and Jared Hecht and Rory Eakin, the founders of fintech lending companies Fundera and CircleUp, also took part in the round.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness.

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There was just one fintech unicorn birth in the first quarter

TechCrunch

Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights’ latest State of Fintech report. First, 2020 and 2021 were unique years where investment in fintech broke records. By comparison, fintech funding amounted to $75.2

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Stronghold launches $100M venture arm to invest in underrepresented founders and fintech

TechCrunch

Payments infrastructure company Stronghold has launched a venture capital arm to deploy $100 million of its balance sheet capital in startups and funds in three core strategies — underrepresented founders, fintech, and web3, CEO Tammy Camp told TechCrunch in an interview. It has raised $3.3 billion, the company says.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann. We are starting to see some of the public market valuations impact private market valuations.

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3 ways fintech companies can help retailers launch financial services

TechCrunch

This is where fintech can step in. As more and more retailers make this move, partnering and collaborating with fintechs can help them build, scale and secure their financial offerings. The sooner a retailer can gain a toehold in the market and start to gain mindshare the better positioned they will be when they start to scale.

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Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

TechCrunch

There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. Taking a step back, I think, has the macro market impacted the investment world? seed round to help other fintechs wrangle data.

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